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Eureka Lithium Ord Shs Stock Price, News & Analysis

UREKF OTC

Welcome to our dedicated page for Eureka Lithium Ord Shs news (Ticker: UREKF), a resource for investors and traders seeking the latest updates and insights on Eureka Lithium Ord Shs stock.

Eureka Lithium Corp (OTCQB: UREKF) generates frequent news as a lithium-focused exploration company in Quebec, Canada. Company releases highlight its position as the largest lithium-focused landowner in the northern third of Quebec’s Nunavik region, with 100% ownership of the Raglan West, Raglan South and New Leaf lithium camps, and the addition of the La Motte lithium project near Val d'Or.

News updates often cover exploration programs and field results. Eureka Lithium has reported extensive prospecting, till and lake sediment sampling, and rock sampling across its Nunavik properties, along with the identification of large pegmatite outcrops containing minerals such as muscovite, tourmaline and garnet. Releases describe the use of handheld XRF analyzers, QAQC procedures and the role of qualified persons reviewing technical content.

Another key theme in Eureka Lithium’s news is corporate and financing activity. The company has announced non-brokered private placements, including LIFE Exemption offerings, flow-through share financings for Canadian exploration expenses, and the issuance of units with share purchase warrants. It has also reported a 10:1 consolidation of its common shares and share-based debt settlements with creditors and a related party.

Investors following UREKF news can expect coverage of exploration milestones at Raglan West, Raglan South and New Leaf, updates on the La Motte project, details of private placements and warrant terms, and information on community engagement with Inuit landholding corporations in Nunavik. This page aggregates these company disclosures so readers can review the sequence of exploration, financing and corporate developments over time.

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Eureka Lithium (OTCQB: UREKF / CSE: ERKA) closed an oversubscribed non-brokered financing on April 27, 2026, raising approximately $6.3 million through a LIFE Offering and two concurrent private placements.

The LIFE Offering issued 5,899,501 units at $0.42 per unit; concurrent non-FT and FT offerings issued 4,515,243 units at $0.42 and 3,954,981 FT units at $0.48. Proceeds are earmarked for exploration in British Columbia and Quebec and for general corporate purposes.

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Eureka Lithium (OTCQB: UREKF) filed an amended LIFE offering document effective April 21, 2026, upsizing the LIFE Offering to $2,500,000. The non-brokered LIFE Offering permits up to 5,952,380 units at $0.42 each, each unit containing one share and one warrant exercisable at $0.50 for 24 months.

The company also plans two concurrent non-brokered placements: up to $2,000,000 of Concurrent Private Placement Units at $0.42, and up to $2,000,000 of flow-through FT Units at $0.48 with FT warrants exercisable at $0.60 for 24 months.

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Eureka Lithium (OTCQB: UREKF) appointed Danny Matthews as Chief Executive Officer and director effective April 20, 2026. The move follows Eureka's acquisition of the Stairway assets and signals a focus on disciplined exploration and advancing multiple prospective projects.

Matthews brings capital-markets, merchant-banking and securities-law experience, and has led early-stage resource companies including Stairway Mining Corp., which was recently acquired by Eureka.

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Eureka Lithium (OTCQB: UREKF) clarifies that, following a BCSC review, it allowed approximately 3,?500 mineral claims across Nunavik projects to lapse and now retains about 158 Remaining Claims. The company said the cost to renew lapsed claims would have been $680,570, and renewing Remaining Claims would cost $26,544.

Eureka filed amended material change and MD&A reports and reminded investors it recently acquired 100% interests in the Cabin Lake and Tyee projects.

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Eureka Lithium (OTCQB: UREKF) completed acquisition of 100% of Stairway Mining, securing the Cabin Lake polymetallic project (approx. 2,363 hectares, BC) and the Tyee titanium-vanadium project (approx. 10,136 hectares, Quebec).

Eureka issued 9,100,000 common shares as consideration and agreed a pro rata contingent cash Milestone Payment of CAD $1,000,000 payable if three technical milestones are met within set timelines. Consideration shares carry a four-month-and-one-day hold.

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Eureka Lithium Corp (OTCQB: UREKF) has announced multiple debt settlement agreements totaling $145,200. The company will settle these debts through the issuance of common shares at $0.1425 per share. The settlements include:

- First Debt Settlement: $99,450 to be settled through 697,894 shares
- Second Debt Settlement: $30,000 to be settled through 210,526 shares
- Third Debt Settlement: $15,750 with CEO David Bowen through 110,526 shares

The third settlement qualifies as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements under MI 61-101.

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Eureka Lithium Corp has completed two private placements: a flow-through offering raising $150,040 through the issuance of 682,000 shares at $0.22 per share, and a non-flow-through placement of 100,000 units at $0.15 per unit. For the flow-through placement, the company paid $9,002.40 in finder's fees and issued 40,920 finder's warrants exercisable at $0.22 until December 27, 2026. The non-flow-through units include one common share and one warrant exercisable at $0.205 for 24 months. The flow-through proceeds will be used for Canadian exploration expenses, which will be renounced to subscribers under the Income Tax Act.

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Eureka Lithium Corp (CSE: ERKA) (OTCQB: SCMCF) has announced a non-brokered private placement of up to 1,363,636 flow-through common shares at $0.22 per share, aiming to raise approximately $300,000 in gross proceeds. The closing is expected around December 27, 2024, subject to regulatory approvals.

The proceeds will be used to advance the Company's Raglan West, Raglan South and New Leaf Camps. The flow-through shares will have a four-month and one-day hold period from issuance. Finders' fees may be paid to eligible arm's length persons for certain subscriptions.

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Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) has completed its 2024 exploration field program at the Raglan West and Raglan South projects in Nunavik, Quebec. The program focused on follow-up prospecting, till and lake sediment sampling in areas previously explored in 2023. Key highlights include:

- Discovery of a significant new pegmatite exposure at Raglan South
- Collection of 317 till samples and 22 lake sediment samples at Raglan South
- 577 till samples and 48 lake sediment samples collected at Raglan West
- Use of handheld XRF analyzer for initial sample scanning
- Ongoing community relations tour in Nunavik

The extensive geochemical coverage aims to delineate and prioritize areas most prospective for lithium-bearing deposits within Eureka's projects.

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Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) has successfully closed the second tranche of its non-brokered private placement financing. The company issued an additional 300,000 units, bringing the total to 4,933,000 units sold, raising gross proceeds of $739,950. Each unit comprises one common share and one share purchase warrant, with the warrant allowing the holder to purchase one share at $0.205 for 24 months.

The private placement was conducted under the listed issuer financing exemption (LIFE Exemption) in all Canadian provinces except Quebec. Securities issued are not subject to resale restrictions under Canadian securities laws. An amended offering document dated September 24, 2024, was made available on SEDAR+ and the company's website prior to closing.

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FAQ

What is the current stock price of Eureka Lithium Ord Shs (UREKF)?

The current stock price of Eureka Lithium Ord Shs (UREKF) is $0.3396 as of May 1, 2026.

What is the market cap of Eureka Lithium Ord Shs (UREKF)?

The market cap of Eureka Lithium Ord Shs (UREKF) is approximately 7.6M.